Form 4: Itron Director Mary C. Hemmingsen Reports Acquisition of 475 Shares of Common Stock
SEC Form 4 Filing
Director Mary C. Hemmingsen reports acquiring 475 shares of Itron, Inc. common stock as part of her board compensation.
Summary
- On October 1, 2024, Mary C. Hemmingsen, a director of Itron, Inc. (ITRI), acquired 475 shares of common stock.
- The acquisition was a grant of common stock received quarterly as part of her annual compensation for board service.
- Following the transaction, Hemmingsen beneficially owns 5,920 shares of Itron common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction related to director compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices for board members.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Mary C. Hemmingsen acquired 475 shares of Itron common stock. |
| 10/02/2024 | Date of report: Form 4 filing date. |
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